Business4 sources
Thrive Holdings to Acquire ADT for $7.6 Billion
- Thrive Holdings, backed by Josh Kushner, is acquiring ADT for $7.6 billion.
- The deal is expected to close in the first quarter of 2027.
- The acquisition will take ADT private.
- Josh Kushner is the brother of Jared Kushner, son-in-law of former President Donald Trump.
- The deal marks one of the largest investments for Thrive Holdings.
Articles (4)
Financial Times·
Josh Kushner and OpenAI-backed group agree deal for US home security firm
The Verge·
Joshua Kushner’s Thrive Holdings is acquiring ADT for $7.6 billion
Bloomberg·
Kushner’s Thrive Holdings to Buy ADT for $7.6 Billion in Cash
The Wall Street Journal·
Josh Kushner’s Thrive to Buy ADT for $7.6 Billion